Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[ChartBuddy]

Explanation

[1679888968]

1679888968

[mRTHroo]

The market's regime change has mostly been driven by increasing inflation, higher interest rates to combat it, and the ensuing impact on stocks as they react to a greater cost of capital. According to market expectations, disinflation would arrive sooner and the Fed's ability to raise rates further would be more constrained. That hasn't happened, and rate increases throughout the globe are continuing as a probable earnings recession for the United States is developing before the end of this year.

The market is essentially providing room for the Fed funds rate to increase another 145 basis points before flipping over, as indicated by the 2-year Treasury yield, which is currently slightly under 4%. The market currently expects a 50% likelihood that the Fed would increase interest rates by 200 basis points to a range of 425–450 by the end of the year. during the next three meetings.

Details Here

The market's best estimate is that the Fed will raise rates by 75 basis points tomorrow, by 75 basis points again in November, and by 50 basis points in December.

The eurodollar curve displays the same pattern, and we can see that the market now genuinely "believes" the Fed after initially rejecting its rhetoric and predicting significant reductions in interest rates in early 2023. The market now expects the Fed to finish raising rates in March 2023 after reaching an estimated federal funds rate of 4.7%.



When inflation reaches 5%, it never decreases unless fed funds rise above the CPI. Because of the size of the asset bubble and the harm that would result, I honestly don't think we'll make it.



The abnormally flat and frequently inverted Treasury yield curve illustrates how uncommon the current market environment is. The short end of the curve will likely continue to expand above long-end rates as interest rates are projected to rise over 4% before the year is out.

[ChartBuddy]

Explanation

[DVlog]

I heard that recycling is a scam, and it doesn't really happen on the scale that we had been told in the 70s... so there are various differences in the kinds of plastics that would NOT have much if any "recyclable" value... so then which kinds of plastics can actually be recycled.. and then are they sortable.. or are we just being sold a bag of tricks.. and there is not much if any value in recycling a large number of items that we previously thought to be recyclable?

Heard about a new kind of super worm that feeds those plastic that nature can not dispose of. Recycling cost more money than the value of goods it could produce. The only thing govt can do is to force companies to collect their plastic and recycle those by themselves Or force them to use any eco-friendly materials.

The way our environment is polluted by us it will be difficult to recover from it that easily.

[OutOfMemory]

I heard that recycling is a scam, and it doesn't really happen on the scale that we had been told in the 70s... so there are various differences in the kinds of plastics that would NOT have much if any "recyclable" value... so then which kinds of plastics can actually be recycled.. and then are they sortable.. or are we just being sold a bag of tricks.. and there is not much if any value in recycling a large number of items that we previously thought to be recyclable?

Heard about a new kind of super worm that feeds those plastic that nature can not dispose of. Recycling cost more money than the value of goods it could produce. The only thing govt can do is to force companies to collect their plastic and recycle those by themselves Or force them to use any eco-friendly materials.

The way our environment is polluted by us it will be difficult to recover from it that easily.

(Future) global government, yes. Otherwise it makes no real sense to save the earth in the US while China (as a stupid, simple example) destroys it.
FYI The vast majority of pollution in China basically are caused by western companies, while the same are currently trying to greenwash themselves in the US and Europe.

Would be cool if you could deliver "heard about" soures  
EDIT: Are you even sure that the worm doesn't just shit out the plastic at the other end?

[Ami0]

Royal Family of Dubai company partners with CoinCorner to facilitate #Bitcoin    transactions in the UAE 🇦🇪



Bitcoin Magazine

[ChartBuddy]

Explanation

[ChartBuddy]

Explanation

[ChartBuddy]

Explanation

[cygan]

[ChartBuddy]

Explanation

[G_Besar]

Royal Family of Dubai company partners with CoinCorner to facilitate #Bitcoin    transactions in the UAE 🇦🇪



Bitcoin Magazine

That is very good news for Bitcoin as well as for cryptocurrency transactions in the UAE region. But I don't feel surprised or surprised by that because actually in the Dubai area they have also been familiar with Bitcoin and other cryptocurrencies in the past.

Dubai is a very rich country and also not left behind with today's technology so that Bitcoin and cryptocurrency is not new for people in the Dubai area even though there are still those who do not know it completely. But when it comes to Bitcoin I think a lot of people in Dubai know about it by now.

By the way, the picture is too big and not pleasing to the eye. I think you need to reduce it a bit by adding [img width=(required size)]

[Lucius]

Not only that, the Seed Group will help CoinCorner expand their operations in the UAE and access top decision makers in the public and private sectors. If there is good news of btc around, we can see Btc up very soon.
Source: Bitcoin Magazine

I don't know how many times this news has already been published on this and the previous page, but it would be good if you and the other publishers of so-called breaking news would think for a while that this kind of news does not make much sense, nor will it affect the price.

Regardless of how much some people want a bull run, we are in an evident bear market, which is further strengthened by inflation and the war in Ukraine, which is clearly entering a new phase with Putler's order on the partial mobilization of around 300 000 soldiers from the reserve.

For those impatient, halving pills are finally available

[xhomerx10]

...

Blockchain explorer mempool.space has just gotten even more interesting.  They now have a diagram for each TX, which nicely complements the other visual tools.  One of the things I like the best about is it is useful for deciding how much of a fee you want to pay.  Before this, I almost always paid too much, losing them sats...

Anyway, here is an interesting coinjoin transaction:

https://mempool.space/tx/62c3fbd39790cc8157ac4a704700b0398f0b385f96589cf2b77b937a09e0fdce

If you are lazy to click, this is how it looks like:

 Thanks for trying but I'm even too lazy to look today.  I better get muh coffee
 

[xhomerx10]

FYI

theymos doing what he does best...

Bravo....

Note that I've decided to suspend ad sales. These auctions will probably be permanently ended, and I'm not sure whether or in what form advertising in general will be continued. Maybe some ads will go up again fairly soon, or maybe there will never be any more ads; I haven't decided yet. The main reasons for this decision are:

Firstly, I'm finding it too difficult to determine which services are legit/safe and which are not. It takes me 30+ minutes to research each new service to reach at least some level of confidence in it, but at the end of this I often still don't feel fully confident. Bitcointalk.org is meant to be operated "as a service to the community", so it's very important to me that bitcointalk.org not be seen to be putting profit above the interests of its users. (I've been kind of shocked at the crypto-related ads that are shown on TV, which are often way beyond anything I'd accept here. And I'd like to tighten our standards.)

.....

Finally, bitcointalk.org has a large reserve of BTC, so we're able to continue operating without ad revenue for many years. It's not even necessary to cut expenses or find replacement sources of revenue anytime soon, and I currently have no solid plans to do these things. I do regard it as less than ideal to be operating at a constant loss, especially because it constraints any desired future growth in expenses. Improving this situation will be on my mind in the coming years, but luckily it need not be a high priority.

 Let me get this straight.  Theymos is going to moderate scams?  Never thought it would happen.

[NeuroticFish]

Let me get this straight.  Theymos is going to moderate scams?  Never thought it would happen.

He always kept a close eye on the paid ads/banners he has shown on the forum to avoid advertising scams.
It's not something new.

Now, since he pretty much stops accepting banners any longer, you can actually say that he stops moderating scams (although this is also incorrect, he just values his time more).

[fr4nkthetank]

Finally, bitcointalk.org has a large reserve of BTC, so we're able to continue operating without ad revenue for many years centuries.

[ChartBuddy]

Explanation

[goldkingcoiner]

I know that a good blood plasma substitute is coconut water, but I wonder if tears can be used too?

OT:

Any one hungry?

https://chazzchips.com/en/putes-skonio-traskuciai

I wonder if there's a gay version for Bawb?  

There is already a crunchy penis everyone can buy at their local supermarket.

(clearing my search history as I type)

can we get a proper photo shop of the Johnson about to enter the box maybe homerx?

Wew... caught my lil selfie.. just in time.




Almost reported that "lewd one."

I agree from a different perspective.

Getting our energy needs from oil and gas is the problem. Bitcoin mining could be powered by green energy. We could produce more than enough green energy for all our needs if big oil wasn't screwing everyone over by manipulating politicians in their favor.

I thought that bitcoin systems were adding towards the creation of better incentives for bitcoin miners to seek lower cost energy, and I did not know that bitcoin gave too many shits about which kind of energy as long as it was relatively cheaper in terms of not necessarily competing with higher energy demand areas.

So without even pushing to control the kinds of energy that bitcoin would use, it would somewhat naturally seek the less expensive stuff and therefore cause incentives that even off the places in which energy might be trapped or wasted - and therefore maybe even increasing incentives to produce more energy overall because bitcoin mining would be creating value where there had not previously been value.. potentially making the pie BIGGER for everyone.

You seem to be getting into dangerous territory, goldkingcoiner if you are suggesting that some kinds of energy production is bad or should be discouraged, and for sure there seem to be weird battles regarding energy production in recent time.. that seem to be devolving into telling people what kinds of energy they are permitted to use and not to use.. which then seems to exacerbate some of the worsening production issues.. or supply side issues.. and sure, it does not help to be having a BIG battle with Russia around this topic either..

I am not against "green energy" in principle but there seems to be a lot of weird control issues going on, and even the solution to high energy prices seems to be to print more money rather than to increase production of energy.. sure some of that energy can come from "cleaner" sources, but we should not be living in a time in which any of us should have to consider rationing energy and just that regular peeps should be able to have access to energy.. and of course, if there are shortages of energy.. it seems like a production side issue.. not as much of a demand issue.. and yeah incomes of people around the world is not equally distributed, either.

https://twitter.com/TheOceanCleanup/status/1572239289794060288

as far as the animation goes, it seems to work  

There's low hanging fruit too, no?.. and maybe a lot of the plastic does float to the surface.. perhaps perhaps.. are there any garbage patch experts in these here parts? 

I suppose that I could look it up on the interwebs, if I was more ambitious.

Who's paying for it?

What do they do with the garbage?

I heard that recycling is a scam, and it doesn't really happen on the scale that we had been told in the 70s... so there are various differences in the kinds of plastics that would NOT have much if any "recyclable" value... so then which kinds of plastics can actually be recycled.. and then are they sortable.. or are we just being sold a bag of tricks.. and there is not much if any value in recycling a large number of items that we previously thought to be recyclable?

The heavy mining energy costs are definitely driving us towards green energy.

The cost of electricity is calculated from generation, transmission, and distribution. Generation is the lucrative part for big oil and the part they do not want to let go of. Green energy would actually be the cheaper alternative, if fully implemented. Renewable energy sources are already the cheapest energy sources since 2020¹. Big oil is tricking people in so many nefarious ways. Its shocking, really.

¹ https://www.irena.org/newsroom/articles/2022/Jul/Competitiveness-of-Renewables-Continued-Amid-Fossil-Fuel-Crisis


You're right. Recycling plastic is definitely a scam. Another scam by big oil / big plastic to dupe people into buying more plastic. Fuck polluters and their bullshit mentality towards our planet.  https://www.youtube.com/watch?v=LELvVUIz5pY

FYI

theymos doing what he does best...

Bravo....

Note that I've decided to suspend ad sales. These auctions will probably be permanently ended, and I'm not sure whether or in what form advertising in general will be continued. Maybe some ads will go up again fairly soon, or maybe there will never be any more ads; I haven't decided yet. The main reasons for this decision are:

Firstly, I'm finding it too difficult to determine which services are legit/safe and which are not. It takes me 30+ minutes to research each new service to reach at least some level of confidence in it, but at the end of this I often still don't feel fully confident. Bitcointalk.org is meant to be operated "as a service to the community", so it's very important to me that bitcointalk.org not be seen to be putting profit above the interests of its users. (I've been kind of shocked at the crypto-related ads that are shown on TV, which are often way beyond anything I'd accept here. And I'd like to tighten our standards.)

.....

Finally, bitcointalk.org has a large reserve of BTC, so we're able to continue operating without ad revenue for many years. It's not even necessary to cut expenses or find replacement sources of revenue anytime soon, and I currently have no solid plans to do these things. I do regard it as less than ideal to be operating at a constant loss, especially because it constraints any desired future growth in expenses. Improving this situation will be on my mind in the coming years, but luckily it need not be a high priority.

He could just offer to reputable companies with longstanding reputations. Economically, that would be the better decision. We do want to advertise our forum so more people join and learn about Bitcoin, do we not? Marketing costs money too.

[LFC_Bitcoin]

I don’t make the rules - Bull run 2024/25 loading…..


@w_s_bitcoin
The supercycle theory was likely proposed just 1 cycle too early. This may be #Bitcoin 's last proper bear market. Enjoy it while it lasts, plebs! 🍻
https://twitter.com/w_s_bitcoin/status/1572605936451174400?s=46&t=gGme3PpzLtklO1s-yD62mg